| Settler | Miss Nora Smith (died | Miss Nora Smith (died | 24 April 1992) | |
|---|---|---|---|---|
| Date ofseNement | 18th June 1978 | |||
| Trustees | Mrs Janet Adam | |||
| Mrs Susan Darlington | ||||
| Mrs Anne Gregory | ||||
| Mrs Christine Yates | ||||
| Charity number | 276660 | |||
| Registered | office | Sale Point | ||
| 126-150Washway | Road | |||
| Sale | ||||
| M33 6AG | ||||
| Solicitor | Linder Myers | |||
| Sale Point | ||||
| 126-150Washway | Road | |||
| Sale | ||||
| M33 6AG | ||||
| Auditor | Royce Peeling Green | Limited | ||
| The Copper Room | ||||
| Deva City Office Park | ||||
| Trinity Way | ||||
| Manchester M3 7BG |
||||
| Investment | Advisors | Rathbones Investment |
Management | |
| Port Of Liverpool | Building | |||
| Pier Head | ||||
| Liverpool | ||||
| L3 1NW |
| Page | ||
|---|---|---|
| Trustees' report |
1-3 | |
| independent auditor's |
report | 4-6 |
| Statement offinancial | activities | |
| Balance sheet | ||
| Notes to the financial | statements | 9-13 |
| 2022 | 2021 | ||
|---|---|---|---|
| Notes | |||
| Income from: | |||
| Investments | 159,237 | 140,755 | |
| Ex enditure on: | |||
| Raising funds | 31,362 | 28,008 | |
| Charitable activities |
83,040 | 154,832 | |
| Other charges | 4,350 | 4,490 | |
| Total resources expended | 118,752 | 187,330 | |
| Net gains/ (losses) on investments | 10 | 394,383 | 779,867 |
| Net movement in funds |
434,868 | 733,292 | |
| Fund balances at6April 2021 | 5,064,018 | 4,330,726 | |
| Fund balances at 5April 2022 | 5,498,886 | 5,064,018 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | E | ||||||
| Fixed assets | |||||||
| Investments | 5,094,856 | 4,992,850 | |||||
| Current assets | |||||||
| Debtors | 22,339 | 24,342 | |||||
| Cash at bank and in | hand | 421,491 | 114,816 | ||||
| 443,830 | 139,158 | ||||||
| Creditors: amounts | falling due within | 12 | |||||
| one year | (39,800) | (67,990) | |||||
| Net current | assets | 404,030 | 71,168 | ||||
| Net assets | 5,498,886 | 5,064,018 | |||||
| Income funds | |||||||
| Unrestricted | funds | 5,498,886 | 5,064,018 | ||||
| Net funds | 5,498,886 | 5,064,018 |
| 5 | Expenses ofcharitable activities |
||
|---|---|---|---|
| 2022 | 2021 | ||
| E | |||
| Administration support cost |
19,290 | 16,582 | |
| Grant and donations | 63,750 | 138,250 | |
| 83,040 | 154,832 | ||
| 6 | Grants payable | ||
| 2022 | 2021 | ||
| Grants and donations | 63,750 | 138,250 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Audit fees | 4,350 | 4,140 | |||
| Trustee expenses | 350 | ||||
| 4,350 | 4,490 | ||||
| 10 | Net gains/(losses) | on investments | |||
| 2022 | 2021 | ||||
| E | |||||
| Revaluation | of investments | 375,965 | 666,037 | ||
| Gain/(loss) | on sale | of investments | 18,418 | 113,830 | |
| 394,383 | 779,867 |
| Listed | ||
|---|---|---|
| investments | ||
| E | ||
| Cost or valuation | ||
| At 6April | 2021 | 4,992,850 |
| Additions | 666,175 | |
| Valuation | changes | 375,965 |
| Disposals | (940,134) | |
| At 5April | 2022 | 5,094,856 |
| Carrying | amount | |
| At 05April | 2022 | 5,094,856 |
| At 05April | 2021 | 4,992,850 |
| The following investm |
ents repr |
esent | ed more than 5%oftotal investments |
at the balance s | heet date: |
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| F | E | ||||
| Schroder Investment | Management | Asian Income L inc | 273,020 | 360,225 | |
| JP Morgan Asset Management | UK | Ltd - US Equity Income K Inc NAV | 367,978 | 313,750 |
| 12 | Creditors: am | ounts falling d |
ue within | one year | |||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| E | E | ||||||
| Agreed donations not yet paid |
35,450 | 63,850 | |||||
| Accruals and | deferred income |
4,350 | 4,140 | ||||
| 39,800 | 67,990 | ||||||
| 13 | Related party | transactions | |||||
| Transactions | with related parties | ||||||
| During the year the Settlement | entered | into the following | transactions | with related parties: |